Marcus & Millichap Publicizes Sale of Two South Carolina Accommodations
SOUTH CAROLINA—Marcus & Millichap announced the sale of two Country Inn & Suites properties in Orangeburg and Summerville, South Carolina. The resources collectively sold for $14,500,000.
“These properties were sold as a portfolio at fat asking designate,” acknowledged Jack Davis, senior vice president, investments. “The patrons idea to transform these properties and complete an intensive renovation.”
Davis, Joce Messinger, Dash Dewese, Josh Tammen, and Robert Hunter—investment consultants in Marcus & Millichap’s Charleston, Charlotte Uptown, Phoenix, and Castle Lauderdale workplaces—had the outlandish itemizing to market the property on behalf of the seller and procured the client.
The 81-room Orangeburg property has an indoor swimming pool, scorching bathtub, clinic, and meeting situation. Constructed in 2007, it’s located off Interstate 26 shut to tutorial institutions and the Regional Medical Heart of Orangeburg. The Summerville property is an 84-room, four-story resort with facilities including an out of doors swimming pool and clinic. Constructed in 2004, it’s furthermore positioned along Interstate 26, shut to question generators fair like Boeing, Volvo, and Charleston Southern College, and its located Half-hour from Downtown Charleston.
